Category: business latest news

National security adviser John Bolton on Iran, North Korea, efforts to improve election security and what President Trump considers to be the biggest foreign threats to America.

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network on television, topping CNBC in Business Day viewers for the second consecutive year. The network is available in more than 80 million homes in all markets across the United States. Owned by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. and London.

J.C. Penney, Ackman in Talks to Resolve Dispute
J.C. Penney and hedge fund Pershing Square’s Bill Ackman are in talks to resolve their dispute over the leadership of the U.S. retailer.
http://us.rd.yahoo.com/finance/news/rss/story/SIG=14b8p86mi/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=128gmvnoh/*http%3A//finance.yahoo.com/news/j-c-penney-ackman-talks-213817690.html?l=1

Mexican President Invites Foreign Investment in Energy
Pushing one of the most sweeping economic overhauls in Mexico in the past two decades, President Enrique Peña Nieto proposed opening his country’s historically closed energy industry to foreign investment.

Yum’s July Sales in China Drop More Than Expected
KFC parent Yum Brands reported a steeper-than-expected 13 percent drop in July sales at established restaurants in China after back-to-back blows from a food safety scare and a bird flu outbreak.
http://us.rd.yahoo.com/finance/news/rss/story/SIG=14k6fps65/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12hc177os/*http%3A//finance.yahoo.com/news/yums-july-china-restaurant-sales-202611787.html?l=1

Fairfax looking to take BlackBerry private
Fairfax Financial Holdings, which is BlackBerry Ltd’s top shareholder with a 9.9 percent stake, is exploring ways to take the smartphone maker private. Prem Watsa, who is chief executive of Fairfax, stepped down from BlackBerry’s board on citing a potential conflict of interest with the company’s announcement that it was exploring strategic alternatives.
http://news.yahoo.com/fairfax-looking-blackberry-private-paper-210447720.html

JetBlue Traffic, Revenue Figure on the Rise
JetBlue Airways Corp. said Monday that traffic rose 7.3% in July, and that revenue for every seat flown one mile increased 5%. Passengers on JetBlue flew 3.52 billion miles last month, up from 3.28 billion in July 2012.
http://us.rd.yahoo.com/finance/news/rss/story/SIG=14n7l8qso/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12k8um2l6/*http%3A//finance.yahoo.com/news/jetblue-traffic-revenue-figure-rise-204022138.html?l=1

Stocks end mixed in quiet trading; BlackBerry up
Stocks are closing mixed on Wall Street after a quiet day of trading. Technology stocks were a bright spot. Apple rose after a report said an updated iPhone would be announced next month and BlackBerry jumped after saying it would consider putting itself up for sale.
http://news.yahoo.com/stocks-end-mixed-quiet-trading-blackberry-201655246.html

Court delays conference on Icahn lawsuit to block Dell deal
A legal battle between activist investor Carl Icahn and computer magnate Michael Dell has been delayed, with a court setting a hearing then on Icahn’s contention that Dell’s bid to buy back Dell Inc is “an insult to shareholders.”
http://feeds.reuters.com/~r/reuters/businessNews/~3/KOewRY9pBSY/story01.htm

Foreigners flee from U.S. government bonds in April: Treasury
Foreign investors dumped U.S. government debt in April and were net sellers of all long-dated U.S. securities for the third consecutive month, the U.S. Treasury said.
http://news.yahoo.com/foreigners-flee-u-government-bonds-april-treasury-152924806.html

IMF urges repeal of ‘ill-designed’ U.S. fiscal cuts
The International Monetary Fund urged the United States to repeal sweeping federal budget cuts that will be a severe drag on economic growth this year. Instead, the IMF suggests the US to adopt a plan to slow the growth in spending on government-funded health care and pensions, known as “entitlements.”
http://feeds.reuters.com/~r/news/economy/~3/X25M6O3cmtk/story01.htm

JPMorgan’s private equity unit to become independent
In the latest move by a financial institution to shed risky businesses amid financial reform, JPMorgan Chase & Co said its private equity unit will become independent, and will raise its next investment fund externally rather than through JPMorgan.
http://feeds.reuters.com/~r/reuters/businessNews/~3/vq_3V194l-g/story01.htm

Chinese Company Buys Smithfield Foods with Giant Merger Profits
China’s Shuanghui International recently bought Smithfield foods, the biggest pork producer and processor in the world- and Smithfield’s monetary benefits could skyrocket. The American company could receive about .6 million in merger-related payments. These two food giants are no doubt creating a first, considering this is the largest Chinese takeover of an American company yet.
http://feeds.reuters.com/~r/reuters/businessNews/~3/-ReSmGEraH4/story01.htm

U.S. court lets Ex-Im Bank loan for Air India stand
A U.S. appeals court let stand a decision by the U.S. Export-Import Bank to finance the sale of 30 Boeing wide-body jets to Air India in a legal challenge brought by Delta Air Lines .
http://feeds.reuters.com/~r/reuters/businessNews/~3/EOnXxOKcqLo/story01.htm

Icahn seeks to allay fears over lack of financing for Dell bid
Billionaire investor Carl Icahn told Dell Inc shareholders that an investment bank would help fund his offer for the PC maker as he sought to assuage concerns over his means to fund the bid.
http://feeds.reuters.com/~r/reuters/businessNews/~3/3J9tbEO6vfw/story01.htm

Adam Kujawa, director of Malwarebytes Labs, discusses the latest Malwarebytes Labs Cybercrime Tactics and Techniques Report, why the report is unlikely to make organizations very happy and how the findings will affect the cybersecurity industry in the years to come.

– Join us in the fight against cybercrime: https://www.infosecinstitute.com
– Special offer for Cyber Work listeners: https://www.infosecinstitute.com/podcast

In the podcast, Kujawa and host Chris Sienko discuss:

– How did you get interested in cybersecurity? (1:45)
– Do you sill find yourself having to learn new skills in your position? (2:30)
– What are some of the hard and soft skills that have been most helpful to you in your role at Malwarebytes? (3:05)
– How is the data for Malwarebytes compiled and how long are you crunching the numbers? (3:40)
– What members of your team are responsible for compiling the data and who is responsible for find the meaning in that data? (4:45)
– What was the most troubling finding in the report? (5:30)
– Why is ransomware against individuals down 33 percent? (6:35)
– What’s behind the enormous rise in Trojan malware? (11:20)
– Have the more subtle forms of cyber-attack changed the way you detect threats? (14:25)
– What caused the end of the cryptomining craze? (15:55)
– What preventative steps should businesses take to combat the rise of malware? (18:05)
– What skills should up-and-coming cybersecurity professionals focus on? (22:15)
– What do you recommend organizations do if they get infected with ransomware? (24:20)
– Can the Malwarebytes forums help with malware infections like cryptomining? (25:40)
– What steps should businesses take in response to this report? (26:35)

Want to hear more conversations like these? Subscribe to the Cyber Work Podcast:

About Infosec
At Infosec, we believe knowledge is the most powerful tool in the fight against cybercrime. We help IT and security professionals advance their careers with a full regimen of certifications and skills development training. We also empower all employees with security awareness and training to stay cybersecure at work and home. Founded by smart people wanting to do good, Infosec educates entire organizations on how to defend themselves from cybercrime. That’s what we do every day — equipping everyone with the latest security skills so the good guys win.

Boris Johnson’s new team sit down for first meeting with 98 days to deliver Brexit ‘no ifs, no buts’:
https://www.thesun.co.uk/news/9579851/boris-johnsons-cabinet-first-meeting-new-prime-minister/

Prime Minister Boris Johnson to assemble Cabinet team to deliver Brexit with record number of minority ministers – who will make the cut?
https://www.thesun.co.uk/news/9571477/boris-johnson-cabinet-new-uk-prime-minister/

David Lidington and Philip Hammond lead flood of Remainer ministers QUITTING and refusing to serve under Boris:
https://www.thesun.co.uk/news/9574946/philip-hammond-david-lidington-rory-stewart-quit-boris-pm/

Kelly Brook claims she had to rescue new Prime Minister Boris Johnson after he dislocated his thumb in ‘thumb war’ at a party:
https://www.thesun.co.uk/tvandshowbiz/9572393/kelly-brook-rescued-new-prime-minister-boris-johnson-thumb-war/

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We have started a new video series called “iiiEM Newsletter”.

In which, you will get all the latest weekly news update regarding export-import business. Do like share and comment if you like this video.

3. India’s exports grew by 3.93% to billion in May on account of healthy growth in sectors such as chemicals, pharmaceuticals and engineering,and according to a commerce ministry data released Friday. Imports too rose by 4.31% to .35 billion, widening the trade deficit to .36 billion in May – http://bit.ly/2xf4eL3

4. Commerce & Industry Minister Piyush Goyal has reviewed India’s free trade agreements (FTAs) with partner countries such as Japan, South Korea, Sri Lanka and the 10-member ASEAN members to identify problem areas for the Indian industry and the opportunities they could offer what should negotiators look out for in future pacts – http://bit.ly/2X1Mvq3

5. India responds to US moves at last with tariff hike on 29 US high-value products agricultural and industrial imports by up to 50 per cent. This will take effect on 16th June – http://bit.ly/2Fq6vYu

6. 50% tariff on US motorcycles by India unacceptable, says US President – http://bit.ly/2Xr2ZaG

7. Mr G.V. Srinivas, Joint Secretary (LAC), Ministry of External Affairs, Government of India today said the trade between India and the Latin (South) America [Bolivia, Argentina and Chile.] and the Caribbean (LAC) region has grown 20-fold in last two decades but still there is a lot of potential – http://bit.ly/2KwZc5q

Message: 3 RCMC data should be available on DGFT server. Exporter must query on dgft website and get it updated from your Export Promotion Councils. Export benefits can be denied if old or no information is available with us.

http://bit.ly/2LDLqxv

Message: 4
DGFT is going to revise current foreign trade policy and handbook of procedure 2015-20. Therefore, they have invited suggestions and inputs for framing the proposed new foreign trade policy 2020-2025

You can send the same on the email address to “ftn2019-dgft@gov.in”,

http://bit.ly/2NBzi2W

[Customs]

1. CBIC has enabled Central Excise and Service Tax Duties payment collection from ICEGATE via NEFT/RTGS. The payment module can be accessed from www.cbicpay.icegate.gov.in. Please click here for detailed advisory.

http://bit.ly/2JsRPsL

2. (Central Board of Indirect Taxes& Customs)

Subject:–IGST refunds- mechanism to verify the IGST payments for goods exported out of India in certain cases-

The main focus of discussion was to shift the country’s trading from the west neighbours to the South East Asian countries.

http://bit.ly/2xDWzWR

2. Indian Prime Minister, US President agree to facilitate early meeting of Commerce Ministers to sort out trade disputes,

Indian Prime Minister and US President expressed their concerns over the ‘bilateral trade disputes’ i.e. “very high” tariffs levied by India on American goods, and agreed for an early meeting of their Commerce Ministers to sort out the issues,

http://bit.ly/2JvUpyp

3. About withdrawl of export incentives:

USA has this by seeing only one side, but there are some other facts in WTO & GATT i.e. The General Agreement on Tariffs and Trade (GATT) . PM said Trade talk can’t overtake national interest.

http://bit.ly/2xIfvnL

India US China Trade tension is inviting 250 usa companies to shift their manufacturing from china to india.

http://bit.ly/2RVVAL4

4. INDIA, INDONESIA SET USD 50 BILLION TRADE TARGET BY 2025

http://bit.ly/2XMDxMH

5. JAPAN

Prime Minister on 27th June held wide ranging talks with his Japanese PM on the global economy, issues of economic offenders and disaster management

http://bit.ly/2YBjr5x

[LOGISTIC]

President of FIEO has said that exports will touch trillionfrom current USD535 billion in the next three years

http://bit.ly/2xIfAYB

[Trade Agreements]

India and Brunei recently reviewed the entire of bilateral Agreement and resolved to step up trade and investment in the area of energy, health and pharmaceuticals, higher education and agricultural sectors.

According to a new poll, President Trump’s approval rating hit an all-time high of 44 percent. Former Reagan economic adviser Art Laffer gives his take on the new poll.

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network on television, topping CNBC in Business Day viewers for the second consecutive year. The network is available in more than 80 million homes in all markets across the United States. Owned by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. and London.

Emerging Markets Struggle
The threat of less central bank stimulus and higher interest rates has crushed emerging markets more than most assets in the past two months, in some cases slashing the value of stocks and bonds in developing countries to levels not seen since the last financial crisis.
http://feeds.reuters.com/~r/reuters/businessNews/~3/z5nRUahqjyk/story01.htm

France to seek 14 billion euros in cuts next year: paper
France will pursue 14 billion euros (.2 billion) in spending cuts next year as it attempts to reduce the public deficit to 3 percent of economic output by 2015, Le Monde reported.
http://feeds.reuters.com/~r/reuters/businessNews/~3/khKHtN6K3tM/story01.htm

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